Micron Technology, Inc. (NASDAQ: MU) is gaining attention on Wall Street. Piper Sandler increased its price target to $400, citing strong pricing power and tight supply. Analysts are positive on Micron’s positioning and expect a robust 2026. The company develops memory and storage products globally, anticipating increased supply and demand.

Analysts highlight Micron’s strong position in the market. Supply tightness is expected to support pricing throughout 2026. The company is set to benefit from tight memory supply and higher pricing, with an anticipated increase in supply by 20% in 2026. Customers seek multiyear supply assurances due to the importance of memory engineering.

While MU shows potential, some AI stocks may offer greater upside potential and less downside risk. Investors are encouraged to explore other undervalued AI stocks that could benefit from current trends. For more insights on AI stocks, check out the latest reports on the market’s radar and analysts’ watchlist. No disclosures provided.

Read more at Yahoo Finance: Micron (MU) Price Target Raised on Tight Memory Supply Through 2026